> For the complete documentation index, see [llms.txt](https://docs.silverbackdefi.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.silverbackdefi.app/usdback-token/back-token.md).

# Overview

The native token powering the Silverback ecosystem.

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## Overview

**$BACK** is the governance and utility token of Silverback DEX, launched through Virtuals Protocol. It represents ownership in the Silverback ecosystem and provides access to revenue sharing from DEX operations and AI trading profits.

**Ticker:** $BACK

**Silverback has your BACK.**

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## Core Utility

### Revenue Sharing

$BACK holders benefit from multiple revenue streams:

* **DEX Protocol Fees** — Portion of swap fees across all pools
* **Treasury Trading Profits** — Returns from Silverback AI agent's trading
* **x402 API Fees** — Settlement fees from paid intelligence endpoints
* **Cross-Chain Arbitrage** — Profits from multi-network opportunities

### x402 Payment Discount

Pay with $BACK for Silverback's [paid API endpoints](/silverback-ai-agent/x402-payments.md) and receive:

* **Zero settlement fees** — other tokens pay 0.1% to 0.25%
* **20% discount** on every endpoint

### Staking Rewards

Stake $BACK to earn rewards from protocol revenue. Rewards are distributed through buybacks that fill staking pools, creating sustainable yield without inflation.

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## In This Section

| Page                                                   | Description                         |
| ------------------------------------------------------ | ----------------------------------- |
| [Tokenomics](/usdback-token/tokenomics.md)             | Supply, distribution, and mechanics |
| [Staking & Rewards](/usdback-token/staking-rewards.md) | How to stake and earn               |
| [Revenue Sharing](/usdback-token/revenue-sharing.md)   | How profits flow to holders         |

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## Quick Links

* **Buy $BACK**: [Virtuals Protocol](https://app.virtuals.io/prototypes/0x558881c4959e9cf961a7E1815FCD6586906babd2)
* **Contract Address**: See [Contract Addresses](/resources/contract-addresses.md)
* **Chart**: Coming soon